IC Markets vs Liquid Brokers
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Quick Verdict
IC Markets wins this comparison — 3 out of 6 categories.
Our analysts reviewed both options across pricing, reputation, and trading conditions. IC Markets came out ahead based on our scoring criteria. Read each category below for the full breakdown.
Side-by-Side Comparison
Customer Support & Reputation
IC Markets winsIC Markets has a slight edge in customer support and overall reputation. It holds an EntryLab rating of 4.70/10. Liquid Brokers scores 4.30/10 on our platform, which is respectable but trails behind.
Leverage & Instruments
IC Markets offers greater trading power with maximum leverage of 1:500 offshore / 1:30 EU & AU. This gives active traders more flexibility to size positions. Liquid Brokers caps leverage at 1:500, which may limit scalability for experienced traders looking for higher exposure.
Deposit & Withdrawal
Liquid Brokers winsIC Markets supports a wider range of deposit and withdrawal options. It accepts Bank Transfer, Visa/Mastercard, Skrill, Neteller, PayPal, Crypto, including cryptocurrency, giving traders more flexibility. Liquid Brokers offers Crypto, Credit Card, which may not suit all traders.
Platforms & Tools
IC Markets winsIC Markets provides a broader range of trading platforms. It supports MT4, MT5, cTrader, giving traders more flexibility in how they access the markets. Liquid Brokers offers Platform 5, which covers the essentials but falls short on variety.
Regulation & Safety
IC Markets winsWhen it comes to regulation, IC Markets holds the edge. IC Markets is regulated by ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018, a top-tier authority, while Liquid Brokers operates under Regulated By ASIC. For traders who prioritise safety and fund protection, IC Markets is the stronger choice in this category.
Trading Costs
Liquid Brokers winsLiquid Brokers offers more competitive trading costs overall. With EUR/USD spreads from 0.01 Pips and commissions of commission-free, it undercuts IC Markets, which charges spreads of 0.0 pips (Raw) / 0.6 pips (Standard) with commission-free commission. Cost-conscious traders will find Liquid Brokers more attractive.
Account Types & Min Deposit
Liquid Brokers winsLiquid Brokers is the more accessible choice for traders getting started. With a minimum deposit of $10, it requires less capital to open an account than IC Markets, which requires $200. Lower barriers to entry make Liquid Brokers the winner in this category.
Our Pick
IC Markets Wins This Round
Based on our side-by-side analysis, IC Markets edges ahead in this matchup. Get started today.
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Frequently Asked Questions
Is IC Markets better than Liquid Brokers?
Based on our analysis across 7 key categories, IC Markets wins with a score of 5–2. However, the best broker for you depends on your specific trading style and priorities.
Which has lower spreads, IC Markets or Liquid Brokers?
Liquid Brokers offers lower trading costs. IC Markets spreads start from 0.0 pips (Raw) / 0.6 pips (Standard) while Liquid Brokers starts from 0.01 Pips.
Is IC Markets safer than Liquid Brokers?
IC Markets is regulated by a higher-tier authority. IC Markets is regulated by ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018, while Liquid Brokers is regulated by Regulated By ASIC.
Can I use MT5 with both IC Markets and Liquid Brokers?
IC Markets supports MT4, MT5, cTrader and Liquid Brokers supports Platform 5. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, IC Markets or Liquid Brokers?
Liquid Brokers has the lower minimum deposit requirement. IC Markets requires $200 while Liquid Brokers requires $10.
Is IC Markets regulated?
Yes, IC Markets is regulated by ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018. Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, IC Markets or Liquid Brokers?
For beginners, IC Markets is generally the stronger choice due to its lower minimum deposit and broader educational resources. However, both brokers offer standard tools suitable for newer traders.

